Inexpensive high class food ready in 5 minutes!

People sometimes have this impression that AK71 only eats oatmeal, barley, bread and cheap hawker fare. Well, AK71 consumes "atas" (high class) food also from time to time. Honest!

Today, AK71 decided to go Western because Western is atas. So, fish and chips? Atas or not? OK, ok. I know fish and chips was a working class food in Britain. Not very atas. How come it acquired an atas status in Asia?

What about sausages and mashed potato? In Britain, those who read "Bash Street Kids" would know, the dish is called "bangers and mash". This is a traditional British offering and also a common working class dish.

See? All these "atas" Western dishes are actually not so in Britain!

Anyway, I had a craving for sausages and mashed potato. So, I feigned ignorance and pretended it was atas.

At the supermarket, I picked a box which looked promising. The words "Vienna sausage" were printed on the box.

Vienna? Wasn't that place home to Mozart and Beethoven? Well, if the sausages are good enough for talented musicians, they are good enough for AK71!

Maybe, they will bring out the musician in me... You don't think so? Neither did I.

Ready to eat in 5 minutes and 30 seconds!

My good and rather old microwave oven. No fancy digital numbers and soft touch buttons.

Bon appetit!

Proudly produced in Singapore by Delifrance Singapore Pte Ltd. I wonder how much such a meal would cost in one of their restaurants?

How much did I pay for this? An "atas" $4.90. Burp...

Caution! The very health conscious type, please avoid.

More good deals? Check these out:

Cafes in Singapore up to 90% cheaper

LMIR: DPU improved 20%.

I am pleasantly surprised to see LMIR's DPU improving some 20% from 0.74c to 0.89c, quarter on quarter. At the price of 55c a unit, annualised, we are looking at a DPU of 3.56c and a distribution yield of 6.47%.

There is also a new face at LMIR. The REIT has a new CEO, Mr. Alvin Cheng. After many quarters of mediocre performance, I hope that having a new CEO would see the REIT doing better.

As it was revealed that the higher DPU was due to contributions from 6 acquisitions completed in 4Q 2012, any further increase in DPU, barring further acquisitions, will have to come from AEIs, improving occupancy and rental reversions. Efforts under the former CEO had been rather weak in these areas which led me to conclude LMIR was not run as well as it could have been.

I look forward to more good news with a new CEO at the helm of the REIT.

Related posts:
1. Unimpressive 4Q 2012.
2. Divested 42.5%.

See: LMIR 1Q 2013 results release.